🚨 Update for the MetavaultDAO Community:
MetavaultDAO can now only be accessed through the Metavault DeFi Hub: https://t.co/Tw1yEh1X34.
The old MetavaultDAO URL is no longer active and is being removed from all sites.
⚠️ Stay safe everyone.
📣 MVD Rage Quit Announcement 🧵
Dear users and investors,
The MVD ecosystem has recently faced major setbacks — the team is mostly dissolved and partner support has fallen short.
We deeply appreciate everyone who stood by https://t.co/pt4nvrTXjm during this time. ❤️
#Thread
📌 Important for MVD Stakers:
For those who still have MVDs staked in the gMVD contract:
⏳ We’ve reduced the gMVD → MVD conversion period from 6 months to just 1 day.
➡️ Please claim any pending rewards, unstake your gMVD, and redeem back to MVD
Hi fam👋, it’s been a while since Kakarot announced its transition. As a result, our planned home, Kakarot Mainnet, will not come to fruition. Instead, we’ve made the bold decision to align with Starknet – our new home.
This marks the start of an exciting new chapter as we redefine our mission and build the first native Perpetual DEX on @Starknet.
But first, we're about to launch a groundbreaking account abstraction wallet, a project we’ve been passionately working on.
Discover more about our bold vision and what’s ahead in our latest blog post! 👇
https://t.co/yWiZJLPxHJ
Is Metavault so back? ♏️
Over the past month, our products have generated over $320,000 in revenue, with a portion used to buy back and burn $MVX tokens.
This represents approximately 7% of the total revenue generated since Metavault's launch.
A-C-C-E-L-E-R-A-T-I-O-N.
Today, Metavault is celebrating its 2nd birthday!
The vision radically changed over the years to go from a GMX friendly fork to a multi chain DeFi hub and highly efficient perp DEX aggregator.
Thank you frens for being part of this wonderful journey, a lot more is coming!
The voting period for our new tokenomics has ended, with option 4 receiving the most votes!
Now, 100% of Metavault's income will be used to buy back and burn MPs/esMVX and MVX.
$MVX stakers will receive airdrop and token allocation from our partners.
More below ⬇️
The Perps v1 on Polygon PoS will be deprecated on March 31 at 12pm UTC. A snapshot will be taken at 12am UTC for the current MVLP esMVX vesters.
However, we request all traders who still have any open positions on Perps v1 to close their positions and re-open them on the Perps v2. (Double spent position fees will be refunded)
We also ask liquidity providers of the MVLP pool to migrate their LP to V2 as soon as possible, or even before, the full phase-out. You will still be able to remove / migrate your liquidity after the phase-out phase.
Once this migration phase is complete, we will finally be able to move on to the expansion phase of our Perp DEX aggregator! ♏️
Dear Metavault Community, we ask you to participate in this important decision. Depending on the outcome of this vote, there will be significant changes to $MVX.
Now that our migration phase is completed, we're ready to speed up our cross-chain expansions! ♏️
In order to optimize this cross-chain ambition, we need to make some strategic changes to optimize our process, simplify it and maximize the benefits, both for Metavault itself, but especially for our stakeholders.
This optimization involves revamping the MVX Tokenomics.
We've opened a vote on Snapshot to gather your opinions on the six options we have concerning this tokenomics change.
This decision is crucial as it has the potential to fully unlock Metavault's potential, so please take a few minutes to read through the proposal.
The vote is open for one week and will end on April 1st 2024 at 7:21 PM.
https://t.co/l1q9iTRdWB
Cast your votes before it is too late! 🗳️
The new version of our Perps V2 is now fully live and flawlessly running on Linea! 🕺
This upgrade allows you to enjoy even better price optimization and increased leverage on crypto, forex, index, and commodities.
So, what's next?
We are awaiting @LineaBuild's implementation of EIP4844 to take advantage of lower gas fees, planned for March 27th.
After that, we have many exciting plans coming on Linea ♏️
Dear Metavault Community; Dear Traders.
Please pay attention to this important information.
Open positions held in the Beta version of Perpetual v2 on @LineaBuild should be migrated / closed urgently.
Important reminder: Our new Perp v2 has been live on Linea since a few days now!
This new version introduces several optimizations.
However, if you have any open positions on the old version (listed as Perp v2 Legacy in our UI), you must migrate them before Tuesday 19th at 9.30 pm UTC!
If not, your position will be terminated.
To conclude this annual review, we express our heartfelt gratitude to our community and long-term supporters who have stood by us through moments of triumph and challenge.
You can find our complete article on 2023 here -> https://t.co/9r2zMKvAP5
Congratulations to MetaVault on their V2 launch on Linea!
Thanks to #Pyth's Pull Oracle and permissionless design, MetaVault can offer a diverse selection of markets to users with ease